Short Interest in Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) Expands By 84.2%

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF - Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 93,200 shares, a growth of 84.2% from the March 31st total of 50,600 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 466.0 days. Approximately 0.1% of the shares of the company are short sold.

Spirax-Sarco Engineering Stock Performance

Shares of OTCMKTS:SPXSF traded down $3.90 on Friday, hitting $76.88. 212 shares of the company were exchanged, compared to its average volume of 594. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.61 and a current ratio of 2.25. The company's 50 day moving average price is $82.66 and its two-hundred day moving average price is $86.55. Spirax-Sarco Engineering has a one year low of $69.19 and a one year high of $121.23.

Spirax-Sarco Engineering Company Profile

Spirax Group PLC provides thermal energy and fluid technology solutions. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum packing, and producing hot water; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes; and peristaltic and niche pumps and associated fluid path technologies, including tubing, specialty filling systems, and products for single-use applications.